[LIVE] Crypto Announcement Today, November 3 – What’s Causing the Latest Crypto Crash? Bitcoin Price USD Stays Above $107K as Balancer Faces Exploitation Exceeding $70M – Top Crypto Investments to Consider

The digital currency trading market experienced a significant sell-off today, prompting traders to seek stability — and the top crypto to invest in during this decline. The drop, which wiped out billions in total trading market capitalization, occurred as investors responded to a presumed $70 million exploit in the Decentralized finance space involving Balancer and increasing concerns regarding overleveraged positions in altcoins.

Bitcoin
Bitcoin

$107,199.23


0.51%










Bitcoin
BTC


Price

$107,199.23

0.51% /24h





Volume in 24h

$45.34B


Price 7d







Learn more




and

Ethereum
Ethereum

$3,694.61


0.99%










Ethereum
Ethereum


Price

$3,694.61

0.99% /24h





Volume in 24h

$24.75B


Price 7d







Learn more




 maintained crucial price floor levels, yet the sentiment across most risk assets has soured.

EXPLORE: 10+ Next Crypto to 100X In 2025

AI Sector Leads Decline After Last Week Price surge And Balancer Exploit Adds Pressure to Decentralized finance Market

The AI-centric crypto sector topped the losses, decreasing by 4.8% over the last 24 hours. Virtuals Platform and ChainOpera AI each fell over 10%, negating last week’s gains.

Bitcoin remained relatively steady in contrast to smaller coins, hovering around $107,500 after a brief dip to $106,990. ETH fell below $3,800, though analysts suggest that a move above $3,875 could trigger a short squeeze. Market fluidity remains heavily favored on the sell side, causing caution among traders.

Results in other categories were mixed. Dash soared over 33% in the PayFi sector, Internet Computer (ICP) climbed 20% among Layer 1s, and zkSync jumped 30% in Layer 2s despite that sector generally declining by nearly 2%. Meme and DeFi tokens continued to lag as traders shifted towards safer positions.

In breaking news, Balancer may have been hacked for approximately $70.9 million in digital assets, according to Nansen. The fund movements included 6,850 osETH, 6,590 WETH, and 4,260 wstETH to a new crypto wallet flagged by analysts.

While Balancer has not yet verified an official breach, on-chain analysts have labeled the transfers as “highly suspicious.”

The @Balancer has suffered an exploitation of $70.6M consisting of funds:

– 6,587.44 $WETH valued at $24.46M
– 6,851 $osETH worth $26.87M
– 4,260 $wsETH valued at $19.26Mhttps://t.co/p9FyqaWESW pic.twitter.com/JKDJYXaC31

— Onchain Lens (@OnchainLens) November 3, 2025

No incoming exchange flows have been observed yet, indicating that the attacker has not yet started to liquidate the stolen assets.

Meanwhile, President Donald Trump commented on Binance founder Changpeng Zhao (CZ) just days after pardoning him, stating, “I don’t know who he is.” Trump asserted that the “war on crypto is over,” igniting discussions regarding U.S. policy towards digital assets and its effect on global markets.

In a 60 Minutes interview, Donald Trump addressed inquiries about his pardon of Changpeng Zhao (CZ), founder of Binance, stating, “I don’t know who he is,” despite having granted clemency. Trump attributed the pardon to a “witch‑hunt” conducted by the previous administration and underscored…

— Wu Blockchain (@WuBlockchain) November 3, 2025

Best Crypto to Buy Amid Crypto market Market fluctuation – Did oG Finally Find the Bottom?

Even during declining markets, some tokens are displaying resilience. 0G (0G) rose by 44%, Aster (ASTER) increased by 11.9% after Binance founder CZ disclosed a personal investment of $2.5 million, and Official TRUMP (TRUMP) saw a gain of 2.5% in the past 24 hours and over 25% in the last week.

As BTC holds the $107K range, volatility remains significant. Analysts indicate robust buy zones between $106K and $108K. Could this unexpected drop present the ideal entry point for the top crypto to purchase?

The article [LIVE] Crypto Announcement Today, November 3 – Why Is Crypto Crashing Again? Bitcoin Price USD Defends $107K as Balancer Is Being Exploited for Over $70M – Best Crypto to Buy first appeared on 99Bitcoins.